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Global High Purity Quartz Sand Market Study Offering Deep Insight Related Growth, Trends until 2027 | Top industry players- Unimin Corporation, The Quartz Corp, Russian Quartz LLC (Kyshtym Mining), HPQ Silicon Resources Inc., Nordic Mining ASA, High Purit
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Rising adoption of IoT and AI technology has led to the significant growth of the electronics industry. IoT and AI technologies solely rely on electronic components such as semiconductors, optical fibers, and solar cells. These electronic components utilize high purity quartz sand due to its important intrinsic properties. Further, it is also used in the manufacturing of high-end lightings.
Although quartz is one of the most abundant mineral present on the Earth, very few naturally present deposits with 99.995% of SiO2are considered as high purity quartz (HPQ). The constitution of remaining 0.005% is an important aspect that concerns the manufacturers as well as end-users equally. As the purity standards set by the International Ophthalmic Technology Association (IOTA) is a high benchmark to meet, there are only a handful of manufacturers operational in the global market that include Unimin Corporation, The Quartz Corp, Russian Quartz LLC (Kyshtym Mining), HPQ Silicon Resources Inc., Nordic Mining ASA, High Purity Quartz Pty Ltd, and Jiangsu Pacific Quartz Products Co., Ltd.
Semiconductor Industry’s 22% Y-0-Y Growth: A Positive Indicator for High Purity Quartz Sand Manufacturers
According to the Semiconductor Industry Association (SIA), global sales of semiconductors reached US$ 37.1 billion in 2017, representing 21.9% increase than the previous year. This growth can be attributed to high demand from memory products. However, combined demand form all other domains also reported a substantial growth in terms of semiconductor utilization. High purity quartz sand is an essential raw material for production of silicon metal oxide wafers used in the semiconductors. Extensive growth of the semiconductor industry is likely to boost the growth of the global high purity quartz sand market.
Steep Demand Leads to Search New Resources and Effective Processing Method
High purity quartz is obtained from natural resources of high purity raw quartz. Although quartz is one of the most abundant mineral present on Earth, resources of high purity raw quartz are limited. Owing to the excessive demand for high purity quartz in end-user industries, efforts to find new locations of high purity raw quartz have been initiated worldwide. Further, manufacturers are developing improved processing methods to enhance purity levels of quartz during processing steps.
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One such project is underway by a Canadian manufacturer Pyrogenesis Canada Inc. The company has recently announced Gen 2 results of the ongoing project named PUREVAPTM Quartz Reduction Reactor test. The project is aimed at enhancing the commercial scalability of an existing method of PUREVAP® QRR. The attraction of the process is that it has potential to effectively produce silicon metal to be used in solar cells as well as high-tech semiconductors.
In conclusion, above-stated trends are discussed thoroughly in the report to provide a comprehensive scenario of the global high purity quartz sand market
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Any Query? Ask to our Analyst anytime: https://www.factmr.com/connectus/sample?flag=AE&rep_id=699
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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